{"id":105801,"date":"2025-07-30T21:16:18","date_gmt":"2025-07-30T21:16:18","guid":{"rendered":"https:\/\/www.europesays.com\/us\/105801\/"},"modified":"2025-07-30T21:16:18","modified_gmt":"2025-07-30T21:16:18","slug":"texas-lost-16000-jobs-in-june-d-fw-took-the-heaviest-hit","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/105801\/","title":{"rendered":"Texas lost 16,000 jobs in June. D-FW took the heaviest hit"},"content":{"rendered":"<p class=\"body-text-paragraph\">Texas\u2019 economy shed 16,000 jobs in June, <a href=\"https:\/\/www.bls.gov\/news.release\/metro.nr0.htm\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.bls.gov\/news.release\/metro.nr0.htm\">Bureau of Labor Statistics<\/a> data showed on Wednesday, suggesting the state\u2019s <a href=\"https:\/\/www.dallasnews.com\/business\/jobs\/2025\/07\/03\/payrolls-report-d-fw-jobs-market-keeps-on-rolling\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.dallasnews.com\/business\/jobs\/2025\/07\/03\/payrolls-report-d-fw-jobs-market-keeps-on-rolling\/\">buoyant labor market<\/a> could be losing some steam.<\/p>\n<p class=\"body-text-paragraph\">Of the lost jobs, the Dallas-Fort Worth-Arlington metropolitan area accounted for about 10,000, BLS figures revealed. Nonfarm payrolls dropped from 4,312,800 in May to 4,302,500 in June. <\/p>\n<p class=\"body-text-paragraph\">This is consistent with analysis from the <a href=\"https:\/\/www.dallasnews.com\/topic\/dallas-fed\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.dallasnews.com\/topic\/dallas-fed\/\">Federal Reserve Bank of Dallas<\/a>. The bank\u2019s <a href=\"https:\/\/www.dallasfed.org\/research\/forecast\/2025\/emp250718\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.dallasfed.org\/research\/forecast\/2025\/emp250718\">July 18 employment forecast<\/a> pegged job growth through the first half of the year at 1.8% and predicted 1.7% growth in all of 2025 \u2015 a downward revision from last month\u2019s forecast of 2% growth through the year. <\/p>\n<p>Related:<a class=\"dmnc_features-article-body-embeds-related-story-module__82BFj\" href=\"https:\/\/www.dallasnews.com\/business\/economy\/2025\/07\/30\/fed-holds-interest-rates-points-to-slowing-economic-activity\/\" target=\"_blank\" rel=\"noopener\">Fed holds interest rates, points to slowing economic activity<\/a><\/p>\n<p>Business Briefing<\/p>\n<p class=\"dmnc_features-cta-social-cta-social-module__zWZy- mb-4\">Become a business insider with the latest news.<\/p>\n<p class=\"body-text-paragraph\">\u201cJune declines were largely broad based across sectors, led by cuts in the oil and gas and professional business services sectors,\u201d Jesus Ca\u00f1as, Dallas Fed senior business economist, wrote in the most recent forecast. <\/p>\n<p class=\"body-text-paragraph\">Given those industries\u2019 strong presence in the region, it could explain the region\u2019s heavier losses relative to Texas\u2019 other large metros. The Austin area lost about 1,000 jobs, while the Houston and San Antonio metros were relatively consistent. <\/p>\n<p class=\"body-text-paragraph\">\u201cThe only sectors that added jobs last month were information services, education and health, and government,\u201d Ca\u00f1as wrote. <\/p>\n<p class=\"body-text-paragraph\">D-FW employment was up 1% relative to June 2024, slightly underperforming growth in the civilian labor force. However, unemployment was at 3.8%, down 0.5% from the previous year and up 0.1% from May. <\/p>\n<p class=\"body-text-paragraph\">These trends are largely reflective of the broader economy, which has remained strong in certain areas and lagged in others. Headwinds from global tariffs has generated more uncertainty, amid the federal government\u2019s &#8220;<a href=\"https:\/\/www.dallasnews.com\/business\/2025\/05\/19\/tariffs-creating-diminished-momentum-among-texas-businesses-dallas-fed-survey-finds\/\" target=\"_self\" rel=\"noopener\" title=\"https:\/\/www.dallasnews.com\/business\/2025\/05\/19\/tariffs-creating-diminished-momentum-among-texas-businesses-dallas-fed-survey-finds\/\">will-they-won\u2019t-they\u201d implementation<\/a> policy. <\/p>\n<p class=\"body-text-paragraph\">However, national growth has surprised to the upside. After a contraction in the first quarter of 2025, <a href=\"https:\/\/www.dallasnews.com\/business\/economy\/2025\/07\/30\/us-growth-surprises-to-the-upside-in-q2-reversing-first-quarter-contraction\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.dallasnews.com\/business\/economy\/2025\/07\/30\/us-growth-surprises-to-the-upside-in-q2-reversing-first-quarter-contraction\/\">U.S. gross domestic product rebounded to 3% growth in the second quarter<\/a>. <\/p>\n<p class=\"body-text-paragraph\">Yet some of that was attributed to a sharp drop in imports, after a pendulum swing from first-quarter attempts to front-load tariffs. It masked slowing consumer spending and business investment. <\/p>\n","protected":false},"excerpt":{"rendered":"Texas\u2019 economy shed 16,000 jobs in June, Bureau of Labor Statistics data showed on Wednesday, suggesting the state\u2019s&hellip;\n","protected":false},"author":3,"featured_media":105802,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5135],"tags":[5229,1596,28173,79,420,358,3187,67,586,132,5230,68,2969],"class_list":{"0":"post-105801","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dallas","8":"tag-america","9":"tag-dallas","10":"tag-dallas-fed","11":"tag-economy","12":"tag-jobs","13":"tag-texas","14":"tag-tx","15":"tag-united-states","16":"tag-united-states-of-america","17":"tag-unitedstates","18":"tag-unitedstatesofamerica","19":"tag-us","20":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114944264446568419","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/105801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=105801"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/105801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/105802"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=105801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=105801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=105801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}